The 2nd Central Banking FinTech & RegTech Global Summit is the only event dedicated exclusively to the needs of the official sector and focused on how central bankers, regulators and supervisors can â¦

Hosted by Central Banking, the Fintech and Regtech Global Awards bring together the official sector and the FinTech and RegTech communities to celebrate the most exciting and innovative work being doâ¦

Williams favours average inflation targeting in new research

A central bank can eliminate the effects of below-target inflation expectations by implementing an average-inflation targeting regime, Federal Reserve Bank of New York president John Williams finds.

In a paper, Williams and co-author Thomas Mertens analyse the effects and implementation of three monetary policy frameworks when faced with a lower neutral rate and a lower bound. The frameworks include “standard” inflation targeting, average inflation targeting and price-level targeting.